Options. money for nothing?

[Robert Mugabe]

NVDA Jul 2021 840.000 call
OPR - OPR Delayed Price. Currency in USD
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3.5800+1.4600 (+68.87%)
As of June 11 2:51PM EDT. Market open.

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Previous Close	2.1200
Open	2.6700
Bid	3.3000
Ask	3.6000
Strike	840.00

Expire Date	2021-07-16
Day's Range	2.6700 - 3.5800
Contract Range	N/A
Volume	8
Open Interest	68

Am I missing something here? Seems like money for nothing.

 

[luvyeah]

and chicks for free...

 

[benstt]

NVDA Jul 2021 840.000 call
Am I missing something here? Seems like money for nothing.

You're betting Nvidia will be higher than $840 + $3.8 in July? What can go wrong?

 

[decoy2673]

LMFAO.

Nothing is for free in the markets. You'll learn the hard way.

 

[Robert Mugabe]

Moderna has gone up $100 since May. Nothing but good news. Bought a couple of calls. Turned into Modturda.

 

[Danny46709394]

I could be wrong, but I truely believe writing options is the best way to go.

 

[Robert Mugabe]

Moderna turned into Modwonderful. Whereas NVDA hit the shitter. Well. If you want Volatile, Options are the way to go.

 

[Robert Mugabe]

Update. Moderna went up 500% in a couple of days. I sold. Google is kicking ass. Apple is doing ok. Options rock.

 

[guyfromtdot]

Update. Moderna went up 500% in a couple of days. I sold. Google is kicking ass. Apple is doing ok. Options rock.

if you invest in Index Funds S&P 500, you're statistically doing better than 95% of investors and traders

 

[Robert Mugabe]

if you invest in Index Funds S&P 500, you're statistically doing better than 95% of investors and traders

probably.